EconomyTrump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs rise
Donald Trump returned to the White House promising to put US finances in order by shrinking the federal government, ending costly “forever wars” and driving economic growth to curb widening deficits. Instead, national debt has surpassed $40 trillion as borrowing costs climb.
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Reuters★★★★☆2026-09-02 10:31Original
Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs rise
Economy